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  "documentTitle": "The Metaverse in Asia Strategies for Accelerating Economic Impact",
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      "text": "interoperability is what sets the metaverse apart: \"the metaverse isn't a single firm or organization's product or space, or even all of them together — it's the way they're connected.\"",
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      "text": "12-19 Footnotes detailing definitions and sources for AR, VR, MR, XR, Blockchain, and NFTs.",
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      "text": "interoperability is what sets the metaverse apart: \"the metaverse isn't a single firm or organization's product or space, or even all of them together — it's the way they're connected.\"12",
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      "text": "In addition to collaboration and technological advances on a massive scale, the metaverse is going to require elevated user experience, sophisticated telecoms infrastructure, and human-machine interfaces. Some of these components are well advanced already, while others still need to be created and developed. Augmented reality (AR),13 virtual reality (VR),14 mixed reality (MR),15 extended reality (XR),16 blockchain,17 and non-fungible tokens (NFTs or \"tokens\")18 are fledgling technologies of today that are expected to be the backbone of the metaverse or of social and economic activity within the metaverse—for example, blockchain and NFTs are expected to play a central role in the exchange of digital goods within the metaverse.19 Figure 3 previews some examples of how these component technologies are in use today. Additional examples of use cases for regions around the world are described in the next section.",
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      "text": "THE POTENTIAL GLOBAL ECONOMIC IMPACT OF THE METAVERSE",
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